Living Cost Compare
Fayetteville

Arkansas

$990/mo est.

vs
Santa Fe

New Mexico

$1,310/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $990 in Fayetteville, AR versus $1,310 in Santa Fe, NM. Overall, Fayetteville, AR is roughly 24% cheaper to live in day-to-day than Santa Fe, NM, driven mainly by rent.

Median household income is $59,074 in Fayetteville, AR and $70,110 in Santa Fe, NM — about 16% higher in Santa Fe, NM. Arkansas has a top state income tax rate of 3.90% and a 6.5% state sales tax; New Mexico has a top state income tax rate of 5.90% and a 4.875% state sales tax.

Rent

Studio
$709
$969
+37% in Santa Fe, NM
1 Bedroom
$817
$1,167
+43% in Santa Fe, NM
2 Bedroom
$999
$1,559
+56% in Santa Fe, NM
3 Bedroom
$1,430
$1,733
+21% in Santa Fe, NM

Buying a Home

Median Home Value
$322,500
$411,500
+28% in Santa Fe, NM

Income

Median Household Income
$59,074
$70,110
+19% in Santa Fe, NM
Metro Median Wage (annual)
$46,610
$48,710
+5% in Santa Fe, NM

People & Lifestyle

Median Age
28.7 yr
46.4 yr
+17.7 yr in Santa Fe, NM
Homeownership
41.9%
62.8%
+20.9 pp in Santa Fe, NM
Bachelor's+ (25+)
49.8%
45.4%
+4.4 pp in Fayetteville, AR
Avg Commute
18.2 min
20.2 min
+2.0 min in Santa Fe, NM

Crime (per 100k/yr)

Violent Crime
429.4
843.3
+96% in Santa Fe, NM
Property Crime
2,392.2
5,189
+117% in Santa Fe, NM

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature
57.1°F
51.9°F
+5.2°F in Fayetteville, AR
Annual Precipitation
48.5 in
13.5 in
+35.0 in in Fayetteville, AR

Gas

Regular Gasoline
$3.62/gal
$3.62/gal
about equal

Area: Gulf Coast (PADD 3) vs Gulf Coast (PADD 3).

Utilities

Electricity (¢/kWh)
14.1
15.1
+7% in Santa Fe, NM
Natural Gas ($/MCF)
$27.86
$9.31
+67% in Fayetteville, AR

Residential, state-level averages (EIA). MCF = 1,000 cubic feet.

Groceries

Milk (gal)
$4.00
$4.82
+20% in Santa Fe, NM
Bread (lb)
$1.75
$2.04
+17% in Santa Fe, NM
Eggs (doz)
$2.21
$2.19
+1% in Fayetteville, AR
Ground Beef (lb)
$6.45
$7.36
+14% in Santa Fe, NM
Chicken (lb)
$1.90
$2.01
+6% in Santa Fe, NM
Bananas (lb)
$0.62
$0.70
+14% in Santa Fe, NM

Average prices — South vs West (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (AR / NM)
6.5%
4.875%
+1.6 pp in AR
Income Tax (top rate)
3.90%
5.90%
+2.0 pp in NM

Fayetteville vs Santa Fe — FAQ

Is it cheaper to live in Fayetteville or Santa Fe?
Fayetteville, AR is cheaper. Its monthly baseline of $990 (1BR rent + utilities) runs about 24% below Santa Fe, NM's $1,310, mainly because of rent.
How much more do you need to earn to live in Fayetteville than in Santa Fe?
To keep rent near the recommended 30% of gross income, you'd want to earn roughly $33,000 a year in Fayetteville versus $47,000 in Santa Fe.
Which has lower taxes, Fayetteville or Santa Fe?
Fayetteville is taxed under Arkansas's rules (a top state income tax rate of 3.90% and a 6.5% state sales tax); Santa Fe under New Mexico's (a top state income tax rate of 5.90% and a 4.875% state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).